Multiple Choice Questions on If cost price of an article is 115 of its selling price what is the profit loss percentage ........ for Mathematics - All Exams Preparation

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Multiple Choice Questions

If cost price of an article is 115 of its selling price what is the profit loss percentage ........

Quantitative Aptitude ( CCS) Profit and loss
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     If cost price of an article is 115% of its selling price, what is the profit/loss percentage?

    13.04% loss

    Correct Answer

    13.04% profit

    Incorrect Answer

    15% profit

    Incorrect Answer

    None of these

    Incorrect Answer
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    Explanation:

    C.P = 115% × S.P
    C.P : S.P
    115:100 => 23:20
    Loss% = 3/23 × 100% = 13.04% Appx.

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